mutuals

Mutual Wesleyan is rolling out the ability for customers to receive advice remotely using Vizolution's screen sharing solution.

The members of Family Investments and Engage Mutual have both voted in favour of a merger of the two companies which will create one of the biggest mutuals in the UK.

The Financial Conduct Authority (FCA) has proposed new requirements for selling mutual society shares to ordinary retail investors.

Insurers should bring back mutuality to the protection industry with peer to peer (P2P) insurance to be considered, delegates at the Protection Review conference heard.

Mutuals must emphasise how they differ from the competition particularly when they face pricing pressures, an insurance broker has urged.

Income protection provider PG Mutual has reported a ‘record increase' in new business for 2013, as the mutual sector has experienced growth during the recession.

Surveys suggest only around 1 in 10 UK employees have income protection insurance, yet as Which? says ‘The one protection policy every working adult in the UK should consider is the very one most of us don't have - income protection'.

Cirencester Friendly has called for an industry standard for income protection claims statistics to be provided after publishing its annual claims statistics.

The Defaqto star ratings system has been called into question by industry experts following publication of its 2013 income protection (IP) products ranking.

Advisers offering protection advice are in a "very small" minority, according to PG Mutual.